Interest Rates 3/29/2019

Happy Spring! 

I hope all is well.  The sun is shining, the flowers are blooming, and rates are falling!   The interest rates have been responding to big movements in the bond market, giving us nice low interest rates through the weekend.  Below, please see the US Bank Rates as of Friday, March 22, 2019.  The rates provided are with no points and no origination fee, and assume a 740+ credit score. 

I will be available all weekend at (252) 207-3243 or Emily.howell@usbank.com to assist you and your clients with financing information. 

Conforming Loan Rates:                                          Jumbo Loan Rates:                                     

30 Yr. Fixed: 4.125%                                                  30 Yr. Fixed: 4%

20 Yr. Fixed: 3.99%                                                    20 Yr. Fixed: 3.75%

15 Yr. Fixed: 3.75%                                                    15 Yr. Fixed: 3.625%

5/1 ARM: 4.25%                                                         3/1 ARM: 3%

7/1 ARM: 4%                                                              5/1 ARM: 3.125%

10/1 ARM: 4%                                                            7/1 ARM: 3.25%

                                                                                      10/1 ARM: 3.375% 

Have a great weekend!

Emily

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